Highly visible prime location on S. King St. with 112 ft. frontage. Unusually large lot of 19,381 SF with 44 open parking stalls. Also 1/15 undivided interest in separate adjacent driveway lot (3,602 SF) for additional egress. Improved with well-maintained concrete block 2-story building with dining on first floor and additional dining room and private meeting room on 2nd floor. Well recognized Japanese restaurant that has been there for approximately 20 years. Lease will renegotiate 6/2026 and lease rent will increase substantially. Lease will expire 6/2031.
Property Details
Price:
$7,100,000
MLS #:
202411734
Status:
Active
Beds:
0
Baths:
0
Address:
1818 S King Street
Type:
Commercial
Subtype:
Industrial
Subdivision:
MOILIILI
Neighborhood:
Metro
City:
Honolulu
Listed Date:
May 22, 2024
State:
HI
Finished Sq Ft:
7,298
Total Sq Ft:
7,298
ZIP:
96826
Lot Size:
844,236,360 sqft / 0.44 acres (approx)
Year Built:
1978
Schools
Interior
Cooling
Central Air
Flooring
Concrete
Exterior
Community Features
Other
Construction Materials
Block, Concrete
Parking Features
On Site, On Street, Unassigned
Parking Spots
44
Financial
Taxes
$81,384
Map
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